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20121106
20121106
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into it personally said it rid of those deductions and give us a lower simpler tax rate. so that is the bottom line, to move in that direction. heitkamp: you heard congressman berg say he supports a one year extension. this is the problem. there's no predictability in this tax structure. we hear they can get kicked down the road over and over again. that can't happen. i want to talk a little bit about the tax proposal, the ryan plan or the romney plan, because independent analysis will tell you this plan was supported by congressman berg does two things. it lowers taxes for the very wealthiest among us and increases taxes for the middle class. that is true if you want to make the system revenue-neutral. in the individual in tax, the big items are mortgage interest deductions. would never eliminate mortgage interest induction. jirga protection, child credits but what their plan does is it takes away the alternative minimum tax which has an equalizing effect for the very wealthy. that is wrongheaded. i want to spend a little time talking about corporate tax because tax loophole i would close is the o
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